Certification for carbon compensation was received by ITJV in August 2022. Attributed by Compensate, it certifies that ITJV “has joined the fight against climate change by compensating 3.32 tonnes of CO2 emissions”.
This certification for carbon compensation is yet one more step toward becoming an ever-increasingly sustainable company. At ITJV we work every day to contribute to textile sustainability and the creation of a more sustainable environment.
How do we compensate for carbon emissions? Read on to learn more about the certification for carbon compensation.
This certification for carbon compensation is given by Compensate. Compensate was created in 2019 by a former member of the Finish parliament, Antero Vartia.
In short, Compensate attributes its certification for carbon compensation when an organization such as ITJV balances its own carbon footprint by supporting environmental projects all over the world.
This is also known as offsetting.
To offset carbon emissions and receive the certification for carbon compensation we partnered with Compensate, which offsets and compensates CO2 emissions by creating a transparent carbon marketplace that aims to become the standard for the carbon market industry. How?
We believe Compensate has the right approach to make a difference and truly contribute to climate change mitigation with its certification for carbon compensation.
The method which leads to the certification for carbon compensation begins with an advisory panel made entirely of leading scientists in their respective fields.
With transparency at its core, the certification for carbon compensation ensures our efforts to compensate for our own carbon emissions are done in a collaboration with projects that are not only sustainable but reliable and cost-effective.
These projects are all a part of what Compensate calls a “curated carbon capture portfolio”. When a company such as ITJV invests in compensating or offsetting their own CO2 emissions and, therefore, receives the certification for carbon compensation, they can be sure they are mitigating their individual risks.
Reforestation, afforestation, and forest conservation alongside innovative carbon capture projects make up the entirety of the portfolio, which also takes into account other significant aspects of sustainability such as biodiversity and human rights.
Finally, the certification for carbon compensation given by Compensate makes an effort to ensure their positive impact by overcompensation.
The company operates under the guiding principle that reducing CO2 emissions is no longer enough.
Overcompensating for more than the CO2 emissions that are released not only tries to re-establish the balance but pays off “our carbon debt”, as Compensate aptly puts it.
To better understand how the certification for carbon compensation works, imagine the following.
Imagine an individual, a company, or even a nation generating a given amount of carbon dioxide emissions or any other greenhouse gases. This happens every day, in multiple manners, from driving a car to producing an item or constructing an important piece of infrastructure.
How can you compensate for those CO2 emissions? That is where the certification for carbon compensation comes in.
Compensating CO2 emissions begins by treating every greenhouse gas emission as an equivalent to carbon dioxide, called CO2e. What this means is that all greenhouse gases can be expressed in CO2, and all measurements are made in tons of CO2e.
Due to our inherent actions, we all emit some level of greenhouse gases or CO2e. In order to offset these emissions and receive the certification for carbon compensation we first need to calculate the level of our CO2e emissions.
Compensate has several calculators that can help everyone understand how much they should “compensate” or offset.
When anyone – an individual, a company, or a nation – invests in an offsetting project, the objective should be to invest a high enough amount that is enough to compensate for their own CO2 emissions.
Certification for carbon compensation can include an investment made in a number of offsetting projects, from carbon emission reduction projects (which aim to reduce CO2 emissions in the future, such as a wind-power project) to carbon capture projects (such as a reforestation project, which helps reduce carbon dioxide from the atmosphere).
In short, the certification for carbon compensation attributed by Compensate allows ITJV to make sure any carbon dioxide emitted by the company is compensated by another project, anywhere in the world, directly dedicated to improving our common future.
Every company dedicated to textile sustainability should make an effort to become certified by a number of internationally recognized associations in the field.
This not only shows a commitment to sustainable action but also helps the consumer make better and informed choices through transparent practices.
As such, besides this certification for carbon compensation, ITJV is currently certified in: